A retailer has net sales of $1,075,000, net profit of $185,000, total assets of $600,000, and a

Question:

A retailer has net sales of $1,075,000, net profit of $185,000, total assets of $600,000, and a net worth of $225,000.
a. Calculate asset turnover, profit margin, and return on assets.
b. Compute financial leverage and return on net worth.
c. Evaluate the financial performance of this retailer.